4 Tech Stock Stories Deserving Attention Today

Facebook Inc. (NASDAQ:FB): Closing price $37.02

On Tuesday, Facebook said that it has acquired the team and tech of Mobile Technologies, which is a speech recognition and machine translation startup that created the app Jibbigo. Facebook told Tech Crunch that, “We’ll continue to support the [Jibbigo] app for the time being.” Jibbigo debuted in 2009, and permits users to choose from more than 25 languages, record a voice snippet in that language or type in some text, and then obtain a translation displayed on the screen and then read aloud in a language of the user’s choice.

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Baidu Inc. (NASDAQ: BIDU): Closing price $141.53

An industry source said that the Chinese internet firm Baidu and the social networking site Renren’s group buy site Nuomi.com have conducted two months of negotiations regarding a potential merger, and discussions have moved to the due diligence phase. However, a sticking point between the firms is that Nuomi.com prefers an investment deal rather than an outright merger, while Baidu wants to acquire a controlling interest in Nuomi. Representatives from both parties have declined to comment on the matter.

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BroadVision, Inc. (NASDAQ:BVSN): Closing price $9.83

BroadVision announced on Tuesday an integrated user experience between its Clearvale enterprise social networking solution and SugarCRM, which is the firm that makes helps every user become a customer expert. Integrated with the SugarCRM cloud platform, Clearvale enables organizations to make better informed business decisions via an exchange of data which permits users to search and interact seamlessly with a SugarCRM instance. BroadVision provides e-business and engagement management solutions, while Clearvale supplies a platform of engagement by linking groups spanning departments like sales, marketing, engineering, and support to collaborate on projects employing the rich data, charts, and reports in SugarCRM.

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Rambus Inc. (NASDAQ:RMBS): Closing price $8.90

On Tuesday, Rambus announced the pricing of its offering of $120 million aggregate principal amount of its 1.125-percent Convertible Senior Notes due 2018, in a private placement to qualified institutional buyers through Rule 144A under the Securities Act of  1933, as amended. The firm has granted the initial purchasers a 30-day option to buy as much as an additional $18 million aggregate principal amount of the notes on the same terms and conditions to cover any over-allotments. The offering should close on August 16, subject to satisfaction of the usual closing conditions.

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